$120,000
SOLD JAN 24, 2025

369 Midland St Highland Park, MI 48203

1.23 Acres
$97,561 Price per Acre
53,579 Sq Ft Lot

Recently Sold

$5 Per Sq Ft

47% Below List Price

93 Days on Market

About This Lot

As of January 2025

Located within just four miles of major highways I-75, I-94, I-96, and M-10, this industrial-zoned property offers unparalleled connectivity to Detroit’s key transit routes. Recent upgrades to public transit via the M-1 Rail enhance accessibility, making this an ideal site for new ventures in a bustling, well-connected area.

Highland Park has experienced considerable revitalization in recent years, with a focus on auto manufacturing, distribution hubs, and a newly developed retail center along Woodward Ave. This property is positioned to benefit from these local developments, offering ample opportunities for a variety of uses. Whether it’s manufacturing, logistics, or a forward-thinking industrial project, this site holds exceptional redevelopment potential in a community on the rise.

Seller Financing Available.

Property is located in a green zone, and is permitted for marijuana / cannabis use.

Last Agent to Sell the Property

Anthony Trucano

Keller Williams Paint Creek License #6501401004 Listed on: 10/08/2024

Keller Williams Paint Creek

Last Buyer's Agent

Anthony Trucano

Keller Williams Paint Creek License #6501401004 Listed on: 10/08/2024

Keller Williams Paint Creek

Property Details

Property Type

  • Land

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 217.60 x 229.00
  • Property is zoned Heavy Industrial, Light Industrial

Community Details

  • Wetmore Industrial Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 43005060010002

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Vacant Land
  • State Equalized Value: 87500.0000
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage Type: Paved

Utilities

  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Lot Info

  • Lot Size Area: 1.23
  • Lot Dimensions: 217.60 x 229.00
  • Parcel Number: 43005060010002
  • Zoning: Heavy Industrial, Light Industrial

Rental Info

  • Deposit Amount: 100000.00

Tax Info

  • Tax Amount Summer: 6343.0000
  • Tax Amount Winter: 1114.0000
  • Total Tax: 7457.0000
  • Taxable Value: 85787.0000

MLS Schools

  • School District: Highland Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Mar 15, 2025
Sold by
Gk Royal Trailer Llc
Bought by
Kilo Estates Llc
Seller's Agent
Anthony Trucano
Keller Williams Paint Creek
Buyer's Agent
Anthony Trucano
Keller Williams Paint Creek
List Price
$225,000
Sold Price
$120,000
Premium/Discount to List
-$105,000
-46.67%
Views
21
Current Estimated Value
$126,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,567
Avg. Annual Appreciation
6.98%

Purchase Details

Listed on
Oct 8, 2024
Closed on
Jan 24, 2025
Sold by
Profax Realty Llc
Bought by
Gk Royal Trailer Llc
Seller's Agent
Anthony Trucano
Keller Williams Paint Creek
Buyer's Agent
Anthony Trucano
Keller Williams Paint Creek
List Price
$225,000
Sold Price
$120,000
Premium/Discount to List
-$105,000
-46.67%
Views
21

Purchase Details

Closed on
Nov 1, 2017
Sold by
Nasim Atif
Bought by
Profax Realty Llc

Purchase Details

Closed on
Oct 26, 2016
Sold by
Sabree Eric R
Bought by
Nasim Atif and Profax Realty Llc

Purchase Details

Closed on
Aug 27, 2014
Sold by
Charles F Barton Co Inc
Bought by
L2 Investment Properties #2 Llc

Purchase Details

Closed on
May 25, 2014
Sold by
Hat Trick Llc
Bought by
L2 Investment Properties #2 Llc

Purchase Details

Closed on
Mar 31, 2014
Sold by
Daniels Realty Group Llc
Bought by
Hat Trick Llc

Purchase Details

Closed on
Nov 22, 2011
Sold by
Wayne County Treasurer
Bought by
Daniels Realty Group L L C

Purchase Details

Closed on
Nov 18, 2008
Sold by
Wojtowicz Raymond J
Bought by
Highland Park Globalcom Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $120,000 Vanguard Title
Warranty Deed $120,000 Vanguard Title
Quit Claim Deed -- None Available
Quit Claim Deed $52,400 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed $20,000 None Available
Quit Claim Deed $5,250 None Available
Quit Claim Deed $700 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2025 01/24/25 Sold $120,000 -20.0% $5 / Sq Ft
12/19/2024 12/19/24 Price Changed $150,000 -33.3% $6 / Sq Ft
10/08/2024 10/08/24 For Sale $225,000 -- $9 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,430 $88,300 $0 $0
2024 $6,430 $87,500 $0 $0
2023 $6,343 $87,500 $0 $0
2022 $7,246 $83,700 $0 $0
2021 $7,103 $80,300 $0 $0
2019 $7,525 $77,500 $0 $0
2018 $6,415 $76,200 $0 $0
2017 $2,434 $77,600 $0 $0
2016 $8,792 $83,100 $0 $0
2015 $8,750 $87,500 $0 $0
2013 $9,100 $93,700 $0 $0
2012 $6,886 $96,800 $12,100 $84,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20240076266

Realcomp

APN: 43-005-06-0010-002